Channel News

10 Cool Tech Companies That Raised Funding In November 2022

Rick Whiting

Security tech providers Apiiro and Bishop Fox, big data software developers Alation and MotherDuck, and machine learning startup Galileo are among the companies that raised new financing in November, a list led by data and memory connectivity technology startup Astera Labs.


Headquarters: Campbell, Calif.

CEO: Liran Zvibel

Funding: A $135 million Series D funding round.

Investors: The round was led by Generation Investment Management along with participation by new and existing investors including 10D, Atreides Management, Celesta Capital, Gemini Israel Ventures, Hewlett Packard Enterprise, Hitachi Ventures, Key1 Capital, Lumir Ventures, Micron Ventures, Mirae Asset Capital, MoreTech Ventures, Norwest Venture Partners, Nvidia, Qualcomm Ventures and Samsung Catalyst Fund.

What company does: The Weka Data Platform is a cloud-based data management system for next-generation workloads including AI and machine learning tasks.

CEO Quote: “In 2013, WEKA set out with a bold vision to create a fundamentally new approach to managing and storing data that could power the possibilities of the future by eradicating the compromises of the past. This funding round represents a tremendous milestone in realizing that vision, and we are grateful to our new and existing investors for their support. The new capital will allow us to invest in our product and go to market, maintain hypergrowth, and gives us the runway we need to become a profitable, independent company.”


Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at

Sponsored Post


Advertisement exit